While on GretaWire Thursday evening [11-4-10, FoxNews], Donald Trump correctly questioned Congress‘ trade policy which has been responsible for America’s manufacturing base to be slowly closed down over the past 30 years. For example, Donald asked why are we not producing toys in America and allowing toys made in China, which are poisonous, to enter our country tax free which in turn closes down our domestic toy manufactures? Of course, Donald was being polite by not following up and questioning such policy as both un-patriotic and adopted because it may personally be profitable for the personal fortunes of those who have enacted such policy.
Unlike our current Washington Establishment’s trade policy which certainly is not in America’s best interests and has allowed cheaply made inferior products ___ everything from plumbing supplies, tools and toys ___ to flood our market and put our domestic manufactures out of business which creates unemployment, our founding father’s power over trade and taxation was carefully used with America’s best interests in mind and was used by our founding fathers to encourage the development and expansion of America’s domestic manufacturers and industries.
In fact our founding fathers use of their power over trade and taxation was very much responsible for America becoming the economic marvel of the world, until our modern day Congress became infested with disloyal money hungry members who were, and are, more than willing to sell out America to foreign manufactures to personally profit in the process! When these members of Congress talk about “free trade”, they are talking about allowing foreign manufactures to freely flood our market with untaxed cheap inferior goods, while Congress then freely taxes America’s manufactures, industries and labor to fill its national treasury. That is what they mean when they talk about “free trade”.
By contrast, instead of taxing our domestic manufactures, industries and labor to fill our national treasury, our founding fathers taxed at our water’s edge and had foreigners paying for the privilege of doing business on America soil! What a novel idea … an America first policy!
Madison sums up our trade policy as follows during the creation of our Nation‘s first revenue raising Act
“…a national revenue must be obtained; but the system must be such a one, that, while it secures the object of revenue it shall not be oppressive to our constituents.”
The Act went on to tax specifically chosen imported articles and not one dime was raised by taxing American domestic manufacturers, the working man’s wage, or the returns on invested capital ___ all of which contributed enormously to America becoming the economic marvel of the world! It should also be noted the Act was signed by George Washington on July 4th, 1789, as if to give England a second notice of America’s independence while exercising her power to tax foreign imports in order to fill our national treasury.
In addition to imposing a specific amount of tax on specifically chosen articles imported, our founding fathers imposed an across-the-board tax on imports which was higher for imports arriving in foreign owned foreign built vessels, and discounted the tax for imports arriving in American owned American built ships:
"...a discount of ten percent on all duties imposed by this Act shall be allowed on such goods, wares, and merchandise as shall be imported in vessels built in the United States, and wholly the property of a citizen or citizens thereof." see: An Act imposing duties on Tonnage July 20, 1789
This patriotic use of taxing at our water’s edge not only filled our national treasury, but gave American ship builders a hometown advantage and predictably resulted in America's ship building industry to flourish and America’s merchant marine to become the most powerful on the face of the planet. Unfortunately, last time I visited the docks in New York's Hell's Kitchen area, I was very saddened that I can no longer read the names on the docked ships as they all seem to now be foreign owned foreign built vessels...an irrefutable sign of America's decline traceable to the ravages of our international “free trade crowd” and the sellout of America’s sovereignty to the highest international bidders.
You bet Donald Trump is correct on trade policy and realizes a nation which has no manufacturing base, is a nation doomed to foreign dependency with an unemployed population dependent upon folks in government, both of which is our progress and one world leader’s dream! And with this in mind, John Boehner, our stealth RINO in Congress, who has sold his vote to China, Australia, Central America, Peru and Chile is already reaching across the isle to Obama to create more “free trade” with India, with South Korea, and Japan, which will all but finalize the closedown of America‘s manufacturing base, make America almost totally dependant upon foreign nations, and create a permanent unemployed population in America which will be very much dependent upon folks in government for their subsistence. And this character wants to be speaker of the House and lead the Republican Party?
JWK
America, we have a problem, we have been attacked from within! We are being destroyed from within by a group of DOMESTIC ENEMIES who have managed to seize political power and whose mission is in fact to bring “change” to America ___ the dismantling of our military defensive power; the allowance of our borders to be overrun by foreign invaders, the diluting of our election process by allowing ineligible persons to vote; the destruction of our manufacturing capabilities; the strangulation of our agricultural industry and ability to produce food under the guise of environmental necessity; the destruction of our nation’s health care delivery system, the looting of both our federal treasury and a mandatory retirement pension fund; the brainwashing of our nation’s children in government operated schools; the trashing of our nation’s traditions and moral values; the creation of an iron fisted control unauthorized by our written Constitution over America’s businesses and industries; the devaluation of our nation’s currency, and, the future enslavement of our children and grand children via unbridled debt and inflation, not to mention an iron fisted government which intends to rule their very lives!
Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Connect With Us